Vip

Motilal Oswal bullish on luggage sector; initiates 'Buy' on VIP Ind, Safari

Motilal Oswal has initiated coverage on VIP Industries and Safari Industries with 'Buy' ratings; check target price and key reasons

CCI okays Multiples Equity-led consortium stake buy in VIP industries

A group of investors led by Multiples Equity on Tuesday received approval from the Competition Commission of India (CCI) to acquire stakes in luggage and travel accessories maker VIP Industries. VIP Industries promoters Dilip Piramal and Family in July had announced the sale of up to 32 per cent of their stake in the company to a consortium led by Multiples Equity, an alternative asset management company. The consortium comprises Multiples Private Equity Fund IV (MPEF), Multiples Private Equity Gift Fund IV (MPGF), Samvibhag Securities, Caratlane founder Mithun Padam Sacheti, and his brother, Siddhartha Sacheti. "The proposed combination relates to the acquisition of certain shareholding by Multiples Private Equity Fund IV, Multiples Private Equity Gift Fund IV, Samvibhag Securities Pvt Ltd, Mithun Sacheti and Siddhartha Sacheti in VIP Industries Ltd," the fair trade regulator said in a release. Multiples focuses on core sectors of financial services, pharma & healthcare, consumer

VIP Industries shares slip 5.5% as Dipal Piramal, family offload 32% stake

At 09:30 AM, VIP Industries' shares were trading at ₹434.50, down by 4.92 per cent on the National Stock Exchange

SC refuses to entertain PIL against special treatment for VIPs in temples

The Supreme Court on Friday refused to entertain a PIL against the practice of charging an additional fee for "VIP darshan" and according of preferential, selective and special treatment to a certain class of people in temples. A bench comprising Chief Justice Sanjiv Khanna and Justice Sanjay Kumar said it was for the society and temple management to decide the issue and the court cannot pass any direction. "While we may be of the opinion that no special treatment should be given but this court cannot issue directions. We do not think it is a fit case to exercise jurisdiction under Article 32 of the Constitution. However, we clarify that dismissal of the petition will not bar the appropriate authorities from taking appropriate action as required," the bench said. Advocate Akash Vashishtha, representing the petitioner, argued there is some Standard Operating Procedure required as there are 12 Jyotirlingas and this completely arbitrary practice of "VIP darshan". The top court was ...

New VIP number fees in Maharashtra decoded: Is it worth the extra cost?

Interestingly, the new fees mean that an out-of-series VIP number will cost up to Rs 18 lakh in major cities including Mumbai and Pune, which incidentally is the cost of new cars in the mid-segment.

Kharge urges strict action against culprits in murder of VIP chief's father

Condemning the brutal murder of Vikassheel Insaan Party (VIP) chief Mukesh Sahani's father, Congress president Mallikarjun Kharge on Tuesday demanded strict action against the culprits at the earliest and justice for his INDIA bloc partner. Jitan Sahani, father of Vikassheel Insaan Party (VIP) chief Mukesh Sahani, was found murdered at his ancestral home in Bihar's Darbhanga district, police said on Tuesday. Jitan Sahani's body, with several stab injuries and cut marks on his chest and stomach, was found inside his room at his house in Biraul area this morning. In a post in Hindi on X, Kharge said, "The brutal murder of Shri Jitan Sahni, father of Shri Mukesh Sahni, founder of Vikassheel Insaan Party in Bihar and former state minister, is extremely sad and condemnable." "We express our deepest condolences to his family. May God give them the strength to bear this loss," Kharge said. "We demand that strict action be taken against the culprits at the earliest and that our INDIA bloc

Char Dham Yatra 2024: 11 pilgrims die, ban on VIP darshan. Key details

Uttarakhand govt extends the ban on VIP darshan till May 31, also prohibits of videos being recorded within a 50-m radius of temples

Char Dham Yatra 2024: Govt extends ban on VIP darshan, forbids videography

Uttarakhand's chief secretary issued a letter extending the ban on VIP darshan till May 31 and prohibiting videography within 50 metres of the temple complexes

Planning to end sirens on VIP vehicles: Union Minister Nitin Gadkari

Gadkari said that he wants to replace the sound of horns, sirens with a soothing music of Indian musical instruments

Need to limit number of devotees at a time: Bankey Bihari temple priests

The number of devotees inside the Bankey Bihari temple at a time should be restricted while the VIP enclosure should be removed, priests at the shrine said, a day after two devotees "suffocated to death" due to overcrowding. However, a former president of the shrine's management committee said either a new bigger temple should be constructed and the deity be shifted there or the area around the shrine be developed on the lines of the Kashi Vishwanath Corridor in Varanasi. The suggestions came as two devotees were killed in early hours of Saturday, with District Magistrate Navneet Singh Chahal saying "prima facie, the cause of death is suffocation due to a heavy rush at the mangala aarti'" during the Krishna Janmashtami celebrations. Temple priest Gaurav Goshwami said limited number of devotees should be allowed inside the shrine at a time and a barrier system should put in place outside it to manage crowd. Another priest, Gyanendra Goshwami, said the VIP enclosure should be removed

About 2 dozen BJP leaders granted central VIP security cover in UP, Punjab

The CRPF has been asked to provide security to at least 20 politicians or candidates in these two states

Indian Hotels to VIP, 10 small and midcaps that may perform well in 2020

Stocks in the list meet the criteria of at least 15 per cent growth in earnings as well as returns over the next year

VIP's slice-and-dice strategy

The company is catering to different market segments with five brands